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Toyota Sienna Lease Questions

264 messages,  Last post on Nov 25, 2009 at 12:19 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Toyota Sienna, Car Leasing, Van


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#178 of 264
lease terms by napabp
May 08, 2008 (10:25 am)
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what is the best money factor and residual you have found on a Sienna lease (XLE AWD)? I'm in northern ca.
#179 of 264
08 XLE and LE AWD Sienna lease rates by andy2812
Jun 06, 2008 (5:53 am)
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Hi Car_man
 
Can you please get me the 36 month/15K MF and Residual for the 08 Sienna AWD, XLE and LE trim line.
 
Thanks
Andy
#180 of 264
08 Sienna XLE and LE FWD lease rates by andy2812
Jun 12, 2008 (5:58 pm)
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Hi Car_man
 
Can you please get me the 36 month/12K MF and Residual for the 08 Sienna FWD, XLE and LE trim line. You can ignore my prior post asking for the AWD lease rates.
 
Thanks
Andy
#181 of 264
Re: 08 Sienna XLE and LE FWD lease rates [andy2812] by Car_man HOST
Jun 17, 2008 (1:34 am)
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Replying to: andy2812 (Jun 12, 2008 5:58 pm)

Hi andy2812. Toyota's lease program for the 2008 Sienna varies by region. The most common buy rate lease money factor for this van is .00103 for consumers who qualify for its Tier 1+ credit tier, but again this number will vary depending upon which one of Toyota's twelve regions you are in. Toyota Financial Services' current 36 month, 12,000 mile per year residual value for the '08 Sienna LE is 54%. The residual for an otherwise identical lease of an '08 Sienna XLE is 52%.
 
Keep in mind though that TFS places restrictions upon what options can be residualized. This makes it very difficult to calculate the actual dollar residual values for vehicles, so much so that Toyota provides dealers with lists of the residual values for the units that they have in inventory instead of having them calculate them on their own. As a result, it is difficult for consumers to estimate what lease payments should be on Toyota models.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#182 of 264
Sienna XLE Lease- AVP#1- need some help by tishn
Jun 21, 2008 (1:22 pm)
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I'm thinking of leasing a Sienna XLE Lease- with AVP#1. I'd like 12K a year for 36 mos with no money down. If I negotiate a price on the car of 28,800...what would the lease work out to be? Monthly fee plus taxes (%6). I know the factor and residual are governed Nissan but I don't know what how to figure what the bottom line with be. Any help is GREATLY appreciated. Tks!
#183 of 264
Re: Sienna XLE Lease- AVP#1- need some help [tishn] by tishn
Jun 21, 2008 (1:33 pm)
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Replying to: tishn (Jun 21, 2008 1:22 pm)

Oops..meant to say governed by Toyota. Tks again
#184 of 264
calculating Rent Charge by dabeles
Jun 26, 2008 (6:58 am)
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What am I doing wrong here...
 
I'm trying to figure out the finance fee (rent charge) on a 2008 Toyota Sienna LE (option package #1). Gross Cap Cost roughly $26,585.
 
The dealer told me the residual is $14,790 and the Money Factor is .00093.
 
If I put down $1,000.00 that would make the Net Cap Cost 25,585, right?
 
So, using the Edmunds formula, If I add the Net Cap Cost of $25,585 to the residual ($14,790) that gives me a sum of $40,375. Multiply that by the Money Factor of .00093 and you get 37.54. What am I doing wrong?
#185 of 264
Help me out please by hause7
Jun 27, 2008 (9:30 pm)
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Thinking of getting a Sienna Limited to get rid of our 08 Accord. We are also looking at leasing a 08 IS350 and posted that in the IS forum. Please help me out with monthly payments.
 
We are looking at
36 months
12K miles a year
0 down
8.8% sales tax
Excellent credit
 
What monthly payment would that be?
#186 of 264
Re: calculating Rent Charge [dabeles] by coupedncal
Jun 29, 2008 (3:40 pm)
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Replying to: dabeles (Jun 26, 2008 6:58 am)

"So, using the Edmunds formula, If I add the Net Cap Cost of $25,585 to the residual ($14,790) that gives me a sum of $40,375. Multiply that by the Money Factor of .00093 and you get 37.54. What am I doing wrong?"
 
Shouldn't you be subtracting residual from net cap cost? In lease, you only pay for the usage and in this case, usage is $25,585 minus $14,790 = $10,795. Add the money factor to this to get your monthly payment.
#187 of 264
Sienna residual? by hause7
Jun 30, 2008 (6:46 pm)
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What is the Sienna Limited FWD's lease residual value? what is the money factor for top tier credit?
 
I want to figure out monthly payments.

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